Planned Gifts
You’re Legacy to Others
Since its
founding, First Coast Women’s Services has served the needs of women of
all socio economic backgrounds and cultures who are in a pregnancy
crisis. As a conduit of generosity people have like you have supported
our mission. Today, new opportunities exist to demonstrate your
compassion for the needy and to make strong, informed choices about your
assets and desires for the future. These opportunities come under the
banner of planned giving or legacy giving.
Why do we
call it legacy giving? Because you choose to benefit FCWS with a portion
of your assets say a lot about your values and your commitment to those
values. Giving beyond your lifetime sends a strong message to your loved
ones and peers. That’s an important legacy.
You are
also leaving a legacy to future generations of women and children, and
the men who are involved in the life of these women and children. For
instance, your gift—if given to our endowment—ensures that each year
after your death you can continue to provide in perpetuity the same
support you gave annually during your lifetime.
For more information contact the Development Director
of First Coast Women's Services at (904)262-6300 or
DevDir@fcws.org.
Please note! Always consult
your tax advisor, financial planner or attorney when making decisions
about a planned gift. The information on this Web site is for your
general guidance only. Tax benefits and laws change frequently. By
consulting with an expert, you can be sure you are making the best
choices possible for yourself, your loved ones and your charities of
choice!
Investing in God's Kingdom on Earth
Gifts of Cash
Made during your lifetime, cash gifts can be deducted up to 50 percent of
adjusted gross income.
Bequest through Will
You can make a bequest to First Coast Women’s Services of a dollar
amount, specific property, a percentage of your estate or the remainder
of your estate after taking care of your loved ones.
Gift of Life Insurance
Making FCWS a beneficiary of part or all of a life insurance policy is a
simple way to make a significant gift! You may receive a tax deduction
for the cash surrender value reducing your tax liability in the year of
the gift. Or consider naming FCWS beneficiary of your company provided
policy.
Retirement Account
You may realize significant estate tax savings when you designate First
Coast Women’s Services as a beneficiary. This is often the most
tax-efficient way to make an estate gift.
Gifts of Appreciated Stock, Bonds or Mutual Funds
Appreciated stock, held more than one year, and makes an excellent
charitable gift. You avoid all capital gains taxes, receive a tax
deduction for the full value of the gift and can deduct up to 30 percent
of your adjusted gross income. Bonds and mutual funds are similar to
appreciated stock in the tax treatment. State, municipal and U.S.
government bonds are welcome.
Life Estate in Home
Like cash, gifts of property can be simple to make. However, due to some
special tax considerations and the possible impact on our operations,
please check with our vice president of development before giving
property valued at $500 or more. Making a gift of your house or farm to
First Coast Women’s Services has definite estate tax advantages, and
often you can continue to live in the family home the rest of your life.
Charitable Remainder Trust
You can select the rate of return from these income arrangements and also
choose a fixed or fluctuating annual payment. Capital gains taxes can be
avoided and you receive a tax deduction based on the age of the income
recipient(s) and the rate of return.
Charitable Lead Trust
Assets (cash or securities) are transferred to a trust that pays income
from the fund at First Coast Women’s Services for a number of years you
determine. At the time period’s end, the trust terminates and the assets
are given back to the person(s) you name. The income tax deduction is
for payments made annually to FCWS.
Endowing Your Gift
Throughout your adult life, you may have chosen to make specific
gifts each year to your favorite nonprofits. After your death, these
charities can no longer depend on that regular income. That’s why we
encourage you to consider endowing your gift. Here’s how it works:
Let’s say
your average annual gift to First Coast Women’s Services is $250. If you
give a $5,000 life insurance policy or include a bequest for $5,000 to
FCWS in your will, upon your death FCWS would receive the $5,000 and
invest it. Assuming it could earn 5 percent per year, your gift would
“endow” an annual stream of income of $250 — just enough to replace the
annual support you’ve been providing! |
